A consumer charges a $46.92 purchase on a credit card. the card has a daily interest rate of 0.039%. if the consumer pays off the balance at the end of 30 days, how much in interest will be paid for the purchase? a. $0.06 b. $0.18 c. $0.55 d. $5.49
A Consumer Charges A $46.92 Purchase On A Credit Card. The Card Has A Daily Interest Rate Of 0.039%. If The Consumer Pays Off The Balance At The End Of 30 Days, How Much In Interest Will Be Paid For The Purchase? A. $0.06 B. $0.18 C. $0.55 D. $5.49
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A Consumer Charges A $46.92 Purchase On A Credit Card. The Card Has A Daily Interest Rate Of 0.039%. If The Consumer Pays Off The Balance At The End Of 30 Days, How Much In Interest Will Be Paid For The Purchase? A. $0.06 B. $0.18 C. $0.55 D. $5.49. Convert the daily interest rate from percentage to. Therefore, the correct option is c.
Appendix G to Part 1026 — OpenEnd Model Forms and Clauses Consumer from www.consumerfinance.gov
【solved】the final answer is [\0.55]. The card has a daily interest rate of 0.042%. The total interest paid on a $46.92 purchase over 30 days at a daily interest rate of 0.039% is approximately $0.55.
A Consumer Charges A $46.92 Purchase On A Credit Card.
To find out how much interest a consumer pays on a purchase of $46.92 charged to a credit card with a daily interest rate of 0.039%, we follow these steps: The card has a daily interest rate of 0.039%. If the consumer pays off the balance at the end of 30 days, how much in interest will be paid for the purchase?
The Total Interest Paid On A $46.92 Purchase Over 30 Days At A Daily Interest Rate Of 0.039% Is Approximately $0.55.
If the consumer pays off the balance at the end of 30 days, how much in interest will. Therefore, the correct option is c. The card has a daily interest rate of 0.039%.
Calculate The Total Interest By Multiplying The Purchase Amount By The Daily Interest Rate And.
To answer this question, we will calculate the interest paid on a credit card purchase. A consumer charges a $2,530.16 purchase on their credit card. If the consumer pays off the balance at the end of 30 days, how much in interest will.
To Calculate The Interest Paid On A Credit Card Purchase Of $46.92 With A Daily Interest Rate Of 0.039%, Follow These Steps:
If the consumer pays off the balance at the end of 30 days, how much more in. Convert the daily interest rate from percentage to. Convert the daily interest rate to decimal form by dividing by 100, which gives 0.039% = 0.0039.
A Consumer Charges A $46.92 Purchase On A Credit Card.
The card has a daily interest rate of 0.042%. The card has a daily interest rate of 0.039%. 【solved】the final answer is [\0.55].